$47,000
SOLD OCT 9, 2019

1125 NE 7th Dr Newport, OR 97365

0.19 Acre
$247,368 Price per Acre
8,276 Sq Ft Lot

Recently Sold

$16 Per Sq Ft

4% Below List Price

35 Days on Market

About This Lot

As of April 2021

Best value in the area.

Last Agent to Sell the Property

Woody Ouderkirk

Mishey Real Estate License #890400094 Listed on: 07/10/2019

Last Buyer's Agent

Bonnie Saxton

Advantage Real Estate License #860400091

Property Details

Property Type

  • Land

Lot Details

  • 8,276 Sq Ft Lot
  • Sloped Lot
  • Property is zoned EFU - Exclusive Farm Use

Additional Features

  • Ocean Views
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 111104CC-4100-00

Community Details

Overview

  • No Home Owners Association
  • Candletree Park Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Land - Residential
  • Prop. Type: Land-Residential
  • Road Frontage Type: None
  • Lot Size Acres: 0.19
  • Lot Size: Irrg.
  • Lot Size Sq Ft: 8276.4
  • Road Surface Type: Paved
  • Subdivision Name: Candletree Park
  • Directions: east on 7th as you go up the hill lot is on left.
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • Contract Information:_three_rd Party Approval: No
  • General Property Description:Land Sub-Type: Land
  • General Property Description:Frontage: None
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.19
  • Location Tax and Other Information:Tax Lot: 4100
  • Miscellaneous Survey: Yes
  • Topography:Sloped: Yes
  • Electric:At Street2: Yes
  • Sewer:City Street2: Yes
  • Water:City2: Yes
  • General Property Description:Lot Dimensions: Irrg.
  • Location Tax and Other Information:Subdv ParcelLot: 18
  • Special Features: None

Exterior Features

  • View: Ocean

Utilities

  • Utilities: Natural Gas Not Available
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 111104CC-4100-00
  • Zoning: EFU - Exclusive Farm Use
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1461.78
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 5, 2021
Sold by
Villalobos Nancy and Roberts Katherine
Bought by
Sakaris Thomas S and Evison Sterling
Seller's Agent
Heidi Rogers
Ocean Equity Real Estate & Investments, LLC
Buyer's Agent
Nadine Hankins
Coldwell Banker Professional Group - Lincoln City
List Price
$525,000
Sold Price
$510,400
Premium/Discount to List
-$14,600
-2.78%
Current Estimated Value
$772,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,276
Avg. Annual Appreciation
11.59%
Original Mortgage
$495,000
Outstanding Balance
$450,108
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$358,981

Purchase Details

Closed on
May 11, 2018
Sold by
Roberts Katherine M and Villalobos Nancy C
Bought by
Roberts Katherine and Villalobos Nancy

Purchase Details

Closed on
Dec 13, 2016
Sold by
Roberts Katherine M and Villalobos Nancy
Bought by
Roberts Katherine M and Villalobos Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
Roberts Katherine and Villalobos Nancy
Bought by
Roberts Katherine M and Villalobos Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2006
Sold by
Knowlton Leslie G
Bought by
Roberts Katherine and Villalobos Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $510,400 Western Title & Escrow
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Western Title & Escrow
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $405,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $495,000 New Conventional
Previous Owner $267,000 New Conventional
Previous Owner $305,000 New Conventional
Previous Owner $316,000 New Conventional
Previous Owner $324,000 Fannie Mae Freddie Mac
Previous Owner $324,000 Unknown
Previous Owner $60,750 Unknown
Previous Owner $60,750 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $510,400 -2.8% $170 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
08/05/2020 08/05/20 For Sale $525,000 +1017.0% $175 / Sq Ft
10/09/2019 10/09/19 Sold $47,000 -4.1% $16 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $49,000 -- $16 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,353 $462,920 -- --
2023 $8,156 $449,440 $0 $0
2022 $7,905 $436,350 $0 $0
2021 $7,769 $423,650 $0 $0
2020 $7,584 $411,320 $0 $0
2019 $7,259 $399,340 $0 $0
2018 $7,036 $387,710 $0 $0
2017 $6,973 $376,420 $0 $0
2016 $6,826 $365,460 $0 $0
2015 $6,328 $354,820 $0 $0
2014 $6,186 $344,490 $0 $0
2013 -- $334,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 19-1792

APN: R137126